JYVÄSKYLÄ - Scandinavian textile fibre innovator Spinnova has been granted a €12.7 million loan from Business Finland to help develop its fibre production technology.
The loan will run from July 2024 to December 2027 and is divided into two phases. The first €7.7 million phase lasts two years with the award of the second phase dependent on Spinnova reaching certain technical and commercial criteria.
